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1212 Dixie Farm Road

Sammy Virani Of Ashita Investments Acquires Convenience-Store Package Deal For $65 Million
SOLDPackage Deal

Sammy Virani Of Ashita Investments Acquires Convenience-Store Package Deal For $65 Million

$65,000,000

$1,133/SF

Building Size

57,366 SF

Asset Type

Package Deal

Closing

Sep 10, 2025

AI

A package deal involving convenience-store assets was sold for $65,000,000. The transaction included a total square footage of 57,366 and covered multiple markets, including Houston, Crosby, Missouri City, Baytown, Texas City, Pearland, Sugar Land, Alvin, Dayton, Humble, Rosenberg, League City, and Galveston.

Summary of transation details:

  • Property Type: Package Deal
  • Transaction Amount: $65,000,000
  • Buyer: Sammy Virani - Ashita Investments
  • Brokers: Johnny Dodge & Dusty Dodge - Dodge Real Estate Corp
  • Square Footage: 57,366
  • Markets: Houston, Crosby, Missouri City, Baytown, Texas City, Pearland, Sugar Land, Alvin, Dayton, Humble, Rosenberg, League City, Galveston
  • Date: 09/11/2025

The acquisition was led by Sammy Virani of Ashita Investments, who collaborated exclusively with Dodge Real Estate Corp's brokers, Johnny Dodge and Dusty Dodge. Notably, Ashita Investments financed the transaction with cash and completed the purchase in under three weeks, sourcing all sites off-market.

Players

Dodge Real Estate Corp

Dodge Real Estate Corp

Broker

$140.7M

vol

4 deals

Broker

Houston Package Deal Market Snapshot

Boundary boundary · Package Deal · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.24%

Cash-on-Cash

-0.07%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93